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Refer to the Following Table When Answering
Table

question 29

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Refer to the following table when answering
Table 2.1: U.S. 2011-2012 Expenditures ($ billions)
20112012 Personal consumption expenditures 10,72911,120 Goods 3,6253,783 Services 7,1047,337 Gross private domestic investment 1,8552,062 Fixed investment 1,8182,004 Change in private inventories 3758 Net exports of goods and services 568560 Exports 2,0942,184 Imports 2,6622,744 Government expenditures 3,0603,063 Federal 1,2221,214 State and local 1,8381,849\begin{array} { l | c c } \hline & 2011 & 2012 \\\hline \text { Personal consumption expenditures } & 10,729 & 11,120 \\\text { Goods } & 3,625 & 3,783 \\\text { Services } & 7,104 & 7,337 \\\text { Gross private domestic investment } & 1,855 & 2,062 \\\text { Fixed investment } & 1,818 & 2,004 \\\text { Change in private inventories } & 37 & 58 \\\text { Net exports of goods and services } & - 568 & - 560 \\\text { Exports } & 2,094 & 2,184 \\\text { Imports } & 2,662 & 2,744 \\\text { Government expenditures } & 3,060 & 3,063 \\\text { Federal } & 1,222 & 1,214 \\\text { State and local } & 1,838 & 1,849 \\\hline\end{array}
-Consider Table 2.1, which tabulates GDP for 2011-2012. Total GDP in 2011 is:


Definitions:

Outcomes

Outcomes are the results or effects of actions, decisions, or events.

Goals

The desired outcomes, objectives, or targets that individuals, groups, or organizations aim to achieve, guiding actions and decision-making processes.

Perspective-taking Ability

The capacity to understand and consider another individual's viewpoint.

Concession Rate

A measure of the frequency or extent to which concessions are made in a negotiation or bargaining scenario.

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